Tag: Pellet premium
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Spot Iron Lump Premium Ascends Further
Spot iron lump premium has witnessed increase of 14% W-o-W and has moved up to USD 0.1225/dry MT unit, CFR China. Last week it was observed at USD 0.1075/dry MT unit, CFR China. The prime reasons behind rise in spot lump premium are supply concerns, iron ore purchases by steel mills post holidays and environmnetal…